Agility announced its 2015 financial results, reporting net profit of KWD53 million, or 46.41 fils per share, an increase of 5% over the same period in 2014. Revenue for the year stood at KWD1.3 billion. EBITDA stood at KWD100 million. For 4Q2015, the company reported net profit of KWD14 million with an earnings-per-share of 12.44 fils, an increase of 5% over the same period in 2014. Revenue for the quarter stood at KWD322 million and EBITDA at KWD27 million. On another note, the company’s Board of Directors (BoD) proposed a cash dividend of 30 fils/share for FY2015, implying a payout ratio of 65% and a dividend yield of 6.3%. The Board also announced that Agility will pursue a treasury share buyback ‘programme’ to repurchase up to 10% of its share capital, in compliance with the rules and the regulations set forth by the CMA and other relevant regulatory authorities. The Agility Board authorised repurchases, from time to time, at a price the Board believes to be well below the intrinsic value of the company.  The buyback programme will entail various mechanisms, such as a tender offer or purchases through the open market.  The company will make the announcement of the price and the size of the share buyback at the time of the offer. (Company disclosure)